Operations Finance Senior Analyst

• Own and report key plant KPIs — Efficiency %, Productivity %, Earned Hours, Conversion Cost per Hour
• Drive Plant Operational Excellence by partnering with operations to identify cost levers and track improvement actions
• Prepare monthly plant performance scorecards

• Track and validate productivity savings initiatives at the plant level
• Maintain a savings tracker with clear project-wise breakdowns and YTD impact
• Coordinate with operations and CI teams to quantify and sign off on realized savings

• Analysis of PDSL Forecast v/s Actuals
• Gaps in Understanding why PDSL was not met

• Review and track rate contracts for key plant services (labour, maintenance, logistics, consumables)
• Monitor vendor rates against benchmarks and flag deviations
• Support procurement finance in rate negotiations with cost data and spend analytics

Headcount Analysis — Hired vs.

Required

• Maintain and report monthly Headcount Hired vs. Headcount Required for the plant (permanent + contract)
• Analyse manpower cost per unit and productivity per head
• Flag over/under-staffing and support workforce planning with data

• Support annual budgets and periodic rolling forecasts (4+8, 8+4) for plant costs
• Prepare plant-level MIS and flash reports
• Build bridge analysis — Actuals vs. Budget vs. Prior Year

• Handle day-to-day plant accounting transactions in Oracle — JVs, cost uploads, accruals, reconciliations
• Ensure correct cost centre and account mapping
• Generate reports and extracts from Oracle for analysis

• Ensure all plant accounting is in line with applicable Accounting Standards (Ind AS) and Cost Accounting Standards (CAS)
• Support internal/external audits with plant-level documentation
• Maintain strong internal controls over plant financial processes

Experience 3–4 years in a manufacturing plant finance / plant controlling role

Accounting Standards Well-versed with Accounting Standards (Ind AS) and Cost Accounting Standards (CAS)

Industry Core manufacturing (mandatory) — preferably heavy engineering, electrical, or process industry

ERP Hands-on Oracle ERP experience (GL, Costing, Inventory modules)

Cost Accounting Strong understanding of CAS, standard costing, variance analysis, absorption costing

Communication Strong verbal and written communication — can present to plant leadership confidently

Excel Advanced — pivots, lookups, large data handling, dashboard-level MIS

Good to Have

• Exposure to Earned Hours methodology and conversion cost frameworks
• Experience working with intercompany (ICO) transactions or contract manufacturing setups
• Familiarity with CapEx tracking and project accounting
• Understanding of energy cost analysis and utility rate tracking

• Someone who's comfortable on the shop floor — not just behind a desk
• Can connect the dots between operational actions and financial outcomes
• Proactive — doesn't wait for month-end to spot issues
• Can explain cost movements in simple language to non-finance teams
• Takes ownership of the numbers and drives action, not just reporting